factual

What revenue sources are specifically included in 'Gross Food and Beverage Revenue' for a Camp Margaritaville?

Camp_Margaritaville Franchise · 2025 FDD

Answer from 2025 FDD Document

These amounts include: (a) all revenue, income and proceeds derived from the operation and management of the Resort; (b) "Gross Food and Beverage Revenue" which includes all revenue from any Margaritaville branded restaurants and any other food and beverage services at the Resort; and any and all room service, banquet and catering revenues; (c) revenue from all Merchandise sales; (d) resort fees, destination fees, and mandatory surcharges for facilities; (e) revenue from any Amenities; and (f) any other revenue arising from use of the Camp Margaritaville Intellectual Property pursuant to this Agreement.

Source: Item 6 — OTHER FEES (FDD pages 20–34)

What This Means (2025 FDD)

According to Camp Margaritaville's 2025 Franchise Disclosure Document, Gross Food and Beverage Revenue encompasses specific revenue streams within the broader category of Gross Revenue. Gross Revenue includes all income derived from operating and managing the Camp Margaritaville Resort. The document specifies that Gross Food and Beverage Revenue includes all revenue from Margaritaville branded restaurants and any other food and beverage services at the Resort. Additionally, any and all room service, banquet, and catering revenues are included in Gross Food and Beverage Revenue.

For a prospective franchisee, understanding what constitutes Gross Food and Beverage Revenue is crucial because it directly impacts the calculation of royalty fees and other financial obligations to Camp Margaritaville. Franchisees need to accurately track and report these revenues to ensure compliance with the franchise agreement. The inclusion of all food and beverage services, along with room service, banquet, and catering revenues, suggests that Camp Margaritaville aims to capture all possible income streams related to food and beverage offerings within the resort.

This comprehensive definition of Gross Food and Beverage Revenue ensures that Camp Margaritaville receives royalties from a wide range of food and beverage services provided at the resort. Franchisees should be aware of this broad scope and ensure their accounting practices accurately reflect all applicable revenue sources. This also allows Camp Margaritaville to maintain consistent brand standards and quality across all food and beverage operations, as these revenues are tied to the use of the Margaritaville brand and system.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.